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hichkok12 [17]
3 years ago
12

The trial balance of Beautiful Tots Child Care does not balance.

Business
1 answer:
Dahasolnce [82]3 years ago
4 0

Answer:

                      Corrected Trial Balance

Particulars                                  Debit          Credit

Cash                                          $10,900

Account receivable                  $14900                        (6700+8200)

Office supplies                         $2400                          (1000+1400)

Prepaid insurance                    $4100                           (300+3800)

Equipment                                $83000

Account payable                                           $4800      (3400+1400)

Notes payable                                               $45000

Trumball common stock                               $57000

Trumball dividend                    $3200                          (5000+200-2000)

Service revenue                                             $16450    (12350+4100)

Salaries expense                     $3700                            (4400-700)

Rent expense                           $750

Advertising expense               <u>$300     </u>        <u>              </u>

Total                                         <u>$123,250</u>       <u>$123,250</u>

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Debt Book Equity Market Equity Operating Income Interest Expense Firm A 500 300 400 100 50 Firm B 80 35 40 8 7 1. What is the ma
trapecia [35]

Answer:

Data for Question

<u>Debt</u>  <u>Book Equity</u>  <u>Market Equity</u>  <u>Operating Income</u>  <u>Interest Expense</u>

Firm A

500       300                  400                       100                          50

Firm B

80          35                    40                           8                             7

1.

Market debt-to-equity ratio = Debt of Firm / Market Equity

Firm A = 500 /400 = 1.25

Firm B = 80 / 40 = 2

2.

Book debt-to-equity ratio = Debt of Firm / Book Equity

Firm A = 500 /300 = 1.67

Firm B = 80 / 35 = 2.29

3.

Interest coverage ratio = Operating Income / Interest Expense

Firm A = 100 /50 = 2

Firm B = 8 / 7 = 1.14

4.

Firm B will have more difficulty meeting its debt obligations because it has higher debt equity ratio and lower interest coverage ratio than Firm A.

3 0
3 years ago
In general, what are the benefits of the Internet to (i) the business person, (ii) an organization, (iii) a nation and (iv) a gl
steposvetlana [31]

Answer:

Explanation:

The Internet is essential for a successful business. The Internet helps businesses to achieve their goals and succeed in this competitive market. Marketing is important for business, and in this case the internet is the first and most important marketing tool for business owners. The Internet gives entrepreneurs great advantages in building a business infrastructure based on customer data and information. In this modern era, successful work without the Internet is impossible. The Internet has changed the ways in which education, communication and data are imported and exported. Internet technology provides excellent data management resources to offer customers unique and creative solutions.

The benefits of turning the organization world to the Internet are immense. The Internet provides great opportunities for organizational suppliers and cost reduction at all stages of the manufacturing process. Supply costs can be reduced through increased markets and increased competition through online supply systems. Another option is to transfer sales and data to cheaper channels. The Internet can significantly accelerate the market by reducing the time needed to transfer, purchase and process daily business contacts such as purchase orders, invoices and shipping. notifications. The Internet has greatly expanded the area of ​​information management: documents and technical documentation can be changed in real time, legally recognized signatures can be used, browsers can be accessed from suppliers and customers' data systems, and processes can be completed faster.

The Internet is a very effective tool for the nation. It has the potential to increase productivity through various but mutually reinforcing ways, including:

- Significantly reduce the cost of many operations required for the production and distribution of goods and services;

- Increase managerial efficiency, especially for companies to manage supply chains more efficiently and to communicate more easily within the company and with customers and partners;

- Increasing competition, price transparency and expanding markets for buyers and sellers;

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6 0
3 years ago
frito-lay is promoting the sunchips brand as being environmentally friendly. this message is communicated in all of its print an
umka2103 [35]

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There are five key communication strategies that complement integrated marketing communications, as we've just mentioned. These include sales promotion, advertising, public relations, direct marketing,  and advertising.

To learn more about integrated marketing communications

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8 0
1 year ago
Holland? Corporation's annual report is as follows. March? 31, 2016 March? 31, 2017 Net Income ?$350,000 ?$441,500 Preferred Div
marysya [2.9K]
To find the rate of return on common, use the given formula. CAGR = (EV/BV) 1/n -1
Where CAGR is the compounded annual growth rate, EV is the investment's ending value, BV is the investment's beginning value and n is the years.

Given
BV= $350,000 ; EV= $441,500, n= 1 year

Solution

CAGR =[ ($441,500 / $350,000) 1/1 ]-1
           = [(1.26) 1] - 1
           = 1.26 - 1
           = 0.26 X 100
           = 26%

So the rate return on common is 26% 
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4 years ago
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Answer:

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Explanation:

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